NRB Report Shows 4.74% Growth in Nepal’s Real Estate Transactions in FY 2082/83
Summary
Nepal’s real estate transactions rose 4.74% in FY 2082/83, with transaction values jumping sharply to Rs. 720.86 billion. Bagmati Province and Kathmandu Metropolitan City posted the strongest growth, while property-related government revenue and bank lending also increased.
Key Points
- Nepal’s overall real estate transactions increased by 4.74% in FY 2082/83, according to Nepal Rastra Bank.
- Total transaction value surged to Rs. 720.86 billion, up from Rs. 386.15 billion in the previous fiscal year.
- Bagmati Province and Kathmandu Metropolitan City recorded the highest growth in transaction activity and value.
- Bank lending to real estate and related government revenue also rose during the review period.